Radio One, Inc. is an urban-oriented, multi-media company that primarily targets African-American and urban consumers. Our core business is our radio broadcasting franchise that is the largest radio broadcasting operation that primarily targets African-American and urban listeners. We currently own and operate 55 broadcast stations located in 16 urban markets in the United States.

Our operating strategy is to operate the premier multi-media entertainment and information content provider targeting African-American and urban consumers. Thus, we have diversified our overall media platform by making acquisitions and investments in other complementary media properties. Our other media interests include our approximately 51% controlling ownership interest in TV One, LLC (“TV One”), an African-American targeted cable television network (www.tvoneonline.com ); our 53.5% ownership interest in Reach Media, Inc. (“Reach Media”), which operates the Tom Joyner Morning Show (www.reachmediainc.com); our ownership of Interactive One, LLC (“Interactive One ”), an online platform (www.interactiveone.com) serving the African-American community through social content, news, information, and entertainment, which operates a number of branded sites, including NewsOne, TheUrbanDaily andHelloBeautiful ; and our ownership of Community Connect, LLC, an online social networking company, which operates a number of branded websites, including BlackPlanet, MiGente and Asian Avenue. Through our national multi-media presence, we provide advertisers with a unique and powerful delivery mechanism to the African-American and urban audience.

Radio One, Inc. is led by our Chairperson and Founder, Catherine L. Hughes, and her son, Alfred C. Liggins, III, Chief Executive Officer and President, who together have over 45 years of operating experience in radio broadcasting. Ms. Hughes, Mr. Liggins, and our strong management team, have successfully implemented a strategy of acquiring and turning around under performing radio stations.